Anthropic’s new raise could mean full payout for FTX creditors: lawyer

Anthropic’s potential $30 billion valuation could help FTX achieve 100% recovery given Sam Bankman-Fried's stake, a bankruptcy lawyer said.

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroAnthropic’s reported ambition to boost valuation to up to $30 billion could help FTX see 100% recovery — given Sam Bankman-Fried’s stake in the company — a crypto bankruptcy lawyer told The Block.Learn more about Access Protocol

Tsai, who has helped over 100 clients file their FTX claims, said there should be a lock-up period for Anthropic investors to dispose of their holdings for startup investments like this. “It remains uncertain when the FTX bankruptcy restructuring team would be able to sell off its [stake in Anthropic],” he added. “They might have to wait until Anthropic once goes public unless there are any special occurrences.

​​“If there’s $10 billion of liabilities, just to keep the math simple, and this is $3 billion, that’s 30 cents. I mean that’s huge. That’s absolutely huge,” Braziel said.

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